collection

ENCORE (Enriched Consolidated Receivables)

Seamless reconciliation solution

ENCORE (Enriched Consolidated Receivables)

Seamless reconciliation solution

At a Glance
Consolidate payments across multiple collection channels in one Enriched Consolidated Receivables (ENCORE) account.
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Single file

All incoming transactions are kept in a single enriched file

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Save time

Your payment advice sorted for you

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Stay informed

Access your files via IDEAL or Ideal Connect

Features & Benefits
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Save time and resources

ENCORE matches payer and payment information across fragmented sources, so you can redeploy resources to more value-added activities

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Less human errors

No manual extraction of data from payment advices

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Better working capital management

Faster turnaround in AR reconciliation and shorter days sales outstanding

How it Works

 

How to Apply

Please contact us at:

  • 1800 222 2200 (if you are in Singapore)
  • +65 6222 2200 (if overseas)
Download PDF
ENCORE Factsheet
FAQs
What is ENCORE?

ENCORE is our regional receivables reconciliation solution. We will collect and organise all your incoming payments. You will receive a single consolidated file with the details of all incoming transactions.

Do I need a DBS Business Account to use ENCORE?

Yes, you need to have a Business Account with us to use this service. To maximise the benefits of using this service, we recommend that you have the bulk of your collections credited into your DBS account.

How does ENCORE reconcile my payments?

You can streamline and optimise your reconciliation effort by integrating the Enriched files into your workflow.